小马智行 2026 上半年归母净亏损 1.1 亿美元，同比亏损扩大 14.74%

AI Digest

小马智行2026上半年净亏损扩大至1.1亿美元，但收入增长98.9%，毛利率提升，自动驾驶出租车车队规模扩大至1975台。

XPeng's H1 2026 net loss widened to $110M, but revenue grew 98.9% with margin improvement and 1,975 autonomous taxis deployed.

Key points

• 上半年营收7047万美元，同比增98.9%，收入结构优化 Revenue hit $70.47M (+98.9%) with improved revenue structure
• 净亏损扩大14.74%至1.1亿美元，但亏损率下降115.5个百分点 Net loss widened 14.74% to $110M but margin rate dropped 115.5pts
• 自动驾驶出租车车队规模达1975台，计划年底扩至3500台 1,975 autonomous taxis deployed, targeting 3,500 by year-end
• 毛利率提升至16.9%，经营杠杆持续改善 Gross margin rose to 16.9% with better operating leverage
• Robotaxi收入同比增534%，二季度增速达849.3% Robotaxi revenue surged 534% with Q2 growth at 849.3%

Takeaway: 自动驾驶企业盈利压力仍存，但业务扩张速度加快。 / Autonomous driving firms face persistent losses but accelerate business expansion.

Why it matters 了解自动驾驶企业财务状况与商业化进程的关键数据。